![taiwan aug20 28may20][1]
Taiwan’s economy is forecast to grow at the slowest pace in five years in 2020 as coronavirus, or Covid-19, pandemic has weighed on consumption, the Directorate General of Budget, Accounting & Statistics, or DGBAS, said on Thursday. Gross domestic product is forecast to grow 1.67 percent this year, much slower than the 2.71 percent growth logged in 2019. [Read more…][2]
Australia’s private capital expenditure decreased less than expected in the first quarter, data from the Australian Bureau of Statistics showed Thursday. Total new capital expenditure fell 1.6 percent sequentially in the first quarter, slower than the 2.6 percent decline in the fourth quarter of 2019…. [Read more…][3]
The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The central bank is projected to trim its benchmark lending rate by 25 basis points, from 0.75 percent to 0.50 percent. Australia… [Read more…][4]
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- www.rttnews.com/3099338/taiwan-gdp-to-grow-at-slowest-pace-in-5-years.aspx?type=aeco
- www.rttnews.com/3099162/australia-capital-expenditure-falls-less-than-expected-in-q1.aspx?type=aeco
- www.rttnews.com/3098791/korea-rate-decision-on-tap-for-thursday.aspx?type=aeco
- www.rttnews.com/list/asian-economic-news.aspx